NCLT Can Examine Fraud in Oppression and Mismanagement Cases: Supreme Court
The Supreme Court of India has ruled that the National Company Law Tribunal (NCLT) has the jurisdiction to adjudicate issues of fraud, coercion, and manipulation when such allegations are integral to complaints of oppression and mismanagement under the Companies Act, 1956. The verdict was delivered in the matter of Shailaja Krishna VERSUS Satori Global Limited, restoring the 2018 order of the NCLT, Allahabad Bench, and setting aside the NCLAT’s reversal…
